Maine Technology Institute

Maine Plywood is building the only plywood mill in North America to manufacture Plywood underlayment. It will also be the ONLY plywood mill in New England. This plant is being built to replace the Multiply plywood plant that burnt down.

The goal of the proposed BioIN Incubator and BioPILOT Lab initiatives is to create a pilot incubator and prototyping space for life science companies. Our hypothesis is that leases for turnkey wet lab space and access to capital equipment and scientific experts will facilitate success and growth of startup companies, leading to job and revenue growth in Maine's burgeoning bioeconomy.

Fork Food Lab 2.0

Compotech has developed the next generation of expeditionary and modular military shelters. MINATORS can be assembled by a small group of soldiers, providing the comforts of a permanent shelter with the mobility and modularity of a temporary shelter. Compotech is seeking funding for MINATORS manufacturing equipment.

Investing in Maine's first at scale green vegetable processing supply chain.

New Cut to Length Operation

We are seeking funding to further expand our digital marketing and sales team, as well as create a human resources department. We are in a rapid growth and hiring phase as we begin to take advantage of our new manufacturing facility and scale up our successful, innovative products. These investments will ensure more continued growth, create a number of well-paid and specialized jobs, and contribute to the personnel infrastructure we need to stay on our trajectory and fully support our growing revenues, brand and team.

Better Utilization of the Eastern White Pine Resource through Implementation of Value-based Scanning

ND Paper Rumford Division PM15 Rebuild

Shucks Maine Lobster has become an internationally award winning Maine Lobster processor of innovative value-added products utilizing state of the art HPP technology. We currently have 60 employees in a 26,000 SF facility. Shucks is on the verge of significant growth with immediate plans to expand into a new state of the art Gorham facility; dramatically increase its product line; add 20 new jobs; and sign new agreements with two major players in the Maine Lobster industry. This growth is based on the purchase of a new state of the art HPP machine that will increase production by 50%.

Biofine Developments Northeast (BDNE) owns a proprietary technology that enables the economic conversion of waste ligno/cellulosic feedstocks into third-party verified co2 negative bioproducts. Currently, BDNE is working to finance an industrial biorefinery in Lincoln, ME (BMP-1) and requests MTI's assistance, via a $400k loan, to finalize required pre-development work stream. Each pre-development work stream culminates in a deliverable required by BMP-1's prospective investors. The $400k MTI loan is the final remaining capital required of the $1.66 million dollar budget to finalize the deliverables required to close on financing for BMP-1.

OurPeople.com provides employee communications and operations software to the hourly workforce in businesses of all sizes across the US and the UK.

Pumpspotting is making the world more inclusive for feeding families. Our tech-enabled solution helps companies provide baby-feeding support to their employees, customers, patients, and guests. We are raising our Series Seed2 Round to support our growing enterprise customers and build out technology to expand into the healthcare market.

bluShift seeks funding of its Seed round to realize FAA licensing of its launch vehicle, future Maine launch site, construction of its suborbital rocket Starless Rogue and achieving a successful launch with paying customer experiments, from students from schools within Maine and across the United States.

Individual Development Account Program

Roux Institute Venture Creation & Acceleration Platform is a set of robust, venture creation and acceleration programs designed to position Maine as the most exciting place to start a high-growth venture focused on Advanced Life Sciences, Artificial Intelligence, Data and Computer Science, Sustainability, and The Modernization of Natural Resources. Two key components of this program are our 13 week accelerator program and our year long startup residency.

The university of Maine has a variety of activities that are funded by MTI

Expand WWTF's Reach with New Products and New Technology

The goal of the summit is to bring together blue economy start-up founders, investors, and resource providers to discuss emerging investment trends, acquisition activity, showcase promising blue economy startups and early-stage companies, and highlight the programs that are supporting the growth of the sector within Maine and beyond. We held our first event earlier this year, you can view the agenda here, and are very excited to bring the program to Maine as a partnership between Blue Venture Forum (out of Rhode Island) and GMRI/Gulf of Maine Ventures. We hope that this may end up being a regular event.

Biochar Production

Flooring Mill Technology Upgrade

Sea Change: Electric Propulsion for Maine's Working Waterfronts

This project will support a collaborative effort of 3 hatcheries, NOAA's Milford Lab and others working to develop consistently successful hatchery methods to raise sea scallops. This innovation is needed to enable sea scallop aquaculture in Maine to reach a scale of significance to Maine's economy, allowing farms to create secure jobs and raise capital. The current practice of capturing spat from the wild to grow out on farms will limit the growth and success of this emerging aquaculture opportunity. Our innovation will result in at least one commercial scallop hatchery in Maine that can serve the needs of the industry and help support future growth.

EforAll Maine: Expanding inclusive entrepreneurship

Croft manufactures high performance wall, floor, and roof panels for all building types with a focus on speed, quality, and sustainability. Our buildings utilize local straw and timber as primary construction materials, both carbon-storing materials which sequester carbon at levels unmatched by any other building system in the United States. Additionally we construct our panels with a proprietary compression system that produces exceptionally high building performance in a fraction of the time it takes with conventional methods. We are seeking additional resources from MTI in order to support our growth, which includes further development of our proprietary compression system, expansion into a new factory space, and growing the team.

Acadian Composite Materials disrupts the construction industry by creating a long-lasting and high performance structural insulated panel ("SIP") from recycled single-use beverage bottles. EcoSIP fabricates SIPs through its proprietary composite technology process. EcoSIP is a cost-effective alternative to typical "stick frame" building shells, with a lower cost of materials and construction time. EcoSIP also provides superior performance in terms of insulation value and ultimately energy savings. Furthermore, EcoSIP is completely made in Aroostook County, expanding the product line of an existing business. EcoSIP will help make Maine a leader in green building technology.

Strengthening the Bangor Region's Agri-Food Tech Entrepreneurial Ecosystem

We operate an innovative seaweed dehydrator for use in processing harvested seaweed by both our own company and by other seaweed farms. Ours is an in-demand, differentiated solution to the aquaculture industry-wide roadblocks related to processing very large volumes of farmed kelp during a short harvest season. With additional technology and support from MTI, we will be able to further automate and make efficient this important process that addresses a major untapped commercial opportunity that Maine is ideally positioned to capture. Our solution is different from current alternatives because our dehydrator is energy efficient, low temperature, and automated and allows for processing high volumes of seaweed in a short amount of time. There is also an integrated milling system that allows for the kelp to be milled to any particle size after dehydrating, which is a requirement by virtually all buyers.

Our Katahdin is pioneering a new model for rural industrial parks by transforming its 1,400-acre former mill site in Millinocket into a 21st century industrial park that is (a) community-owned, (b) focused on the future of bio-based and digital economies and (c) powered by renewable energies.

Maine Immigrant Business Accelerator

Potato Donut Manufacturing

MTI will provide MSBDC with funding in the amount of $100,000 to be paid in two semi-annual installments upon receipt of semi-annual reports to assist the MSBDC in its mission to assist and support Maine's entrepreneurs and small business owners, especially in the technology clusters.

MCE is seeking matching funding to support an application to EDA's Build to Scale Program to establish a Maine Bioscience Cluster Initiative to serve Maine's emerging life sciences innovators. MCE will scale our existing Top Gun and Cultivator programs and develop specific curricula to serve biosciences companies from "idea stage" to startup, and through scale-up. MCE will partner with TechPlace and the Union River Center for Innovation to host a Top Gun like accelerator at each location annually. In addition, we will hire a "Bioinnovate Champion" to support, nuture, and educate bioscience researchers and entrepreneurs on taking their innovation from the lab to the market. Finally, MCE will work with established bioscience companies to help them gain marketshare, expand markets, and become more profitable.

ALM Ortho is a FDA registered orthopedic implant company that produces custom, 3D titanium-printed patient-specific orthopedic implants used for critical medical indications. We have licensed patented technology from U. Maine for implantable osseointegrated devices for amputees that are far superior to the existing FDA approved device (our prevents infections, theirs doesn't).

Compounding Solutions is a custom thermoplastic compounder designing and supplying cutting-edge material technologies to medical device manufacturers globally. Our plastic compounds are used in existing devices and new devices to improve patient care and often times enable procedures that were previously not possible. We seek supportive funding to aid in the development of our compound additive technologies which reduce thermoplastic coefficient of friction, either by way of hydrophobic or hydrophilic surface interactions. These additive technologies can furthermore provide protection against thrombosis which ultimately provides patient comfort during medical procedures and reduces the risk of infections. Compounding Solutions aims to optimize our friction reduction and anti-fouling additive packages per polymer type and bring these material technologies forth to our medical device customers to use in a variety of high value applications.

Senscio is the leading remote Chronic Health Management company, serving members with complex chronic health conditions. Leveraging Medicare billing codes, Senscio provides chronic care management and remote patient monitoring services through managed and partnered medical practices.

This Innovation Ecosystem application is to support 3 of the 5 projects in New England Ocean Cluster's Transforming the Blue Economy program. This portfolio of projects focuses on advancing and modernizing Maine's ocean focused industries into the value add economy and best practices to grow revenue. These are economic development focused projects that educate and engage entrepreneurs, business leaders and community members while bridging the gap to the research and capacity needed to solve for the unique challenges each new product or company faces when developing something new.

Outdoor Industry Cluster Development

We created a unique software as a service solution for family birthing centers who need a method for tracking and reporting the acuity based nurse to patient staffing ratios in their units. The funding we seek will provide us the ability to automate reporting and analytics for our customers as well as drive growth through a new website, digital marketing strategies, and additional industry conferences that our target customers attend.

Dewey is a subscription-based SaaS learning platform and program featuring multimedia, multilingual resources in wellbeing and academic achievement for parents and caregivers of school age children. Dewey is looking for Range 3 funding of $75,000 to support the development and implementation of our Summer 2023 deliverables of MathCamp and Fambassador programs.

CIVA is revolutionizing civic engagement by creating a digital bridge between small to medium-sized organizations and governmental processes. Utilizing state-of-the-art AI and geospatial technology, our platform streamlines access to crucial funding opportunities, resources, and policy-making channels. We are seeking both financial investment and strategic advice to scale our successful pilot projects in Maine and Georgia, aiming to expand our reach across New England and the Southeast. Our vision is powered by a strong team with deep expertise in government, organizational development, and technology. Together, we're setting the stage for a more transparent, efficient, and participatory society.

Promote and invest in innovation, entrepreneurship, and growing Maine's economy by promoting businesses in pitch competitions where they are awarded thousands of dollars to scale and create jobs.

CEI Women's Business Center Propeller III and Automate IT

SimKit needs to target its marketing and advertising to reach our customer base. We want to work with a marketing firm to target physicians through an advertising campaign.

The objective of this project is to collaborate with ME MEP on a multiphase project to develop and implement a quality system, based on the ISO-9000 standard, to enable the growth of WEST from start-up to a fully operational company in support of projected growth, including a focus on Manufacturing (in Maine) and engagement with our external Manufacturing partners (in Maine and elsewhere). This request covers phase 1 which is to create the framework and level one documents.